The document discusses key concepts in project management. It outlines five steps in project management: 1) grouping work into packages, 2) appointing a single project manager, 3) supporting the project internally and externally, 4) building commitment through schedules and contracts, and 5) ensuring goals are met through continuous monitoring. It also discusses features of project management, such as interdependence of work, flexibility needed over time, and techniques used for project selection, execution, scheduling, monitoring, cost control, and communication.

1. WelcomeWelcome

2. Project
Management
Concepts

3. Project Management
Concept
Success for project means
It must get completed
It must be completed with in budget
It must be completed with in allocated
time frame.
It must perform to satisfaction

4. Steps in Project Mgt.
Project Mgt. consists of following five steps
Grouping work into packages which acquire
the properties of a project
Appointing single responsibility i.e. project
manager for coordinating, directing, and
controlling the project
Supporting & servicing the project
internally within the organization &
externally through vendors & contractors.

5. Steps in Project Mgt.
Building up commitment through
negotiations, coordinating, & directing
towards goals through schedules, budgets
& contracts.
Ensuring adherence to goals through
continuous monitoring, & control using
schedule, budgets, & contract as basis.

6. Project management features
All work in a project are interdependent
& inter related. So while taking a
decision all inter-related things are
considered.
In project handling the importance of
any work depends on how it stands in
relation to others & to whole

7. Project management
features
The work & the inter-relationship may
change with time, but the end objective
does not change.
A static plan does not work in project
handling & manager has to adapt himself to
changing needs, so quick response &
flexibility are very essential for the success
of a project

8. Techniques for Project
features
Project Selection Technique:
Cost benefit Analysis
Risk & sensitivity analysis
Project Execution planning techniques
Work break down structure (WBS)
Project execution plan (PEP)
Project responsibility matrix
Project management manual

9. Techniques for Project features
Project Scheduling & coordinating technique
Bar charts
Life cycle curve
Line of balance
Networking technique (PERTCPM)
Program Evaluation Review Technique
(PERT network)
Critical Path Method ( CPM network)

10. Techniques for Project features
Project monitoring & progressing
technique:
Progress Measurement Technique
Performance monitoring technique
Updating, reviewing & reporting
technique

11. Techniques for Project features
Project cost & productivity control
techniques
Productivity budgeting technique
Value engineering
COST WBS

12. Techniques for Project features
Project communication & clean up
techniques
Control room
Computerized information system

13. Thank YouThank You